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Petroleum Geologist Average Salary in Macao 2022

How much money does a Petroleum Geologist make in Macao?


Average Monthly Salary
13,100 MOP
( 157,000 MOP yearly)

LOW
6,030
MOP
AVERAGE
13,100
MOP
HIGH
20,800
MOP

A person working as a Petroleum Geologist in Macao typically earns around 13,100 MOP per month. Salaries range from 6,030 MOP (lowest) to 20,800 MOP (highest).

This is the average monthly salary including housing, transport, and other benefits. Petroleum Geologist salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Petroleum Geologist Salary Distribution in Macao

Median and salary distribution monthly Macao Petroleum Geologist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Petroleum Geologist salaries in Macao range from 6,030 MOP per month (minimum salary) to 20,800 MOP per month (maximum salary).

  • Median Salary

    The median salary is 14,200 MOP per month, which means that half (50%) of people working as Petroleum Geologist(s) are earning less than 14,200 MOP while the other half are earning more than 14,200 MOP. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Petroleum Geologist(s) are earning less than 9,080 MOP while 75% of them are earning more than 9,080 MOP. Also from the diagram, 75% of Petroleum Geologist(s) are earning less than 18,900 MOP while 25% are earning more than 18,900 MOP.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Petroleum Geologist Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Macao Petroleum Geologist
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Petroleum Geologist salaries by experience level and this is what we found.

A Petroleum Geologist with less than two years of experience makes approximately 6,840 MOP per month.

While someone with an experience level between two and five years is expected to earn 9,140 MOP per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 13,500 MOP per month, 48% more than someone with two to five years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Petroleum Geologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 16,500 MOP per month, 22% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 18,000 MOP per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 19,400 MOP per month, 8% more than people with fifteen to twenty years of experience.


Petroleum Geologist average salary change by experience in Macao

0 - 2 Years
6,840 MOP
2 - 5 Years+34%
9,140 MOP
5 - 10 Years+48%
13,500 MOP
10 - 15 Years+22%
16,500 MOP
15 - 20 Years+9%
18,000 MOP
20+ Years+8%
19,400 MOP
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Petroleum Geologist Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Petroleum Geologist(s) who have the same experience but different education levels.

Salary comparison by education level monthly Macao Petroleum Geologist
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Petroleum Geologist salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Petroleum Geologist is 7,810 MOP per month.

While someone with a Master's Degree gets a salary of 12,200 MOP per month, 57% more than someone having a Bachelor's Degree degree.

A PhD gets its holder an average salary of 20,500 MOP per month, 68% more than someone with a Master's Degree.


Petroleum Geologist average salary difference by education level in Macao

Bachelor's Degree
7,810 MOP
Master's Degree+57%
12,200 MOP
PhD+68%
20,500 MOP
Percentage increase and decrease are relative to the previous value

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Macao costs anywhere from 37,300 Pataca(s) to 112,000 Pataca(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support the thoery. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Petroleum Geologist Salary Comparison By Gender

Salary comparison by gender monthly Macao Petroleum Geologist
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Petroleum Geologist employees in Macao earn 19% more than their female counterparts on average.

Male
14,300 MOP
Female-16%
12,000 MOP
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Macao for all Careers

Salary comparison by gender monthly Macao
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Petroleum Geologist Average Annual Salary Increment Percentage in Macao

How much are annual salary increments in Macao for Petroleum Geologist(s)? How often do employees get salary raises?

Petroleum Geologist

Petroleum Geologist(s) in Macao are likely to observe a salary increase of approximately 10% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Macao Petroleum Geologist
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Macao / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Macao is 2%.

Annual Increment Rate By Industry 2021

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Listed above are the average annual increase rates for each industry in Macao for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Petroleum Geologist Bonus and Incentive Rates in Macao

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Macao Petroleum Geologist
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A Petroleum Geologist is considered to be a moderate bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

57% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 43% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
43%
No Bonus
57%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Petroleum Geologist Average Hourly Wage in Macao


76 MOP per hour

The average hourly wage (pay per hour) in Macao is 76 MOP. This means that the average Petroleum Geologist in Macao earns approximately 76 MOP for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Petroleum Geologist VS Other Jobs

Salary Comparison Between Petroleum Geologist and Oil  / Gas / Energy / Mining monthly Macao
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The average salary for Petroleum Geologist is 95% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Yard Manager6,690 MOP-49%
Associate Analyst7,430 MOP-43%
Associate Landman3,120 MOP-76%
Auxiliary Equipment Operator2,820 MOP-78%
Biomass Plant Technician3,540 MOP-73%
Biomass Power Plant Manager9,430 MOP-28%
Chemical Plant Operator5,540 MOP-58%
Chief Contract Compliance Engineer7,000 MOP-47%
Completions Engineer6,350 MOP-52%
Cost Controller4,850 MOP-63%
Crude Oil Marketing Representative7,620 MOP-42%
Dispatcher2,980 MOP-77%
Distribution Manager9,920 MOP-24%
Dragline Operator3,370 MOP-74%
Driller Offsider2,600 MOP-80%
Dump Truck Driver2,820 MOP-78%
Electric and Gas Operations Manager16,600 MOP+27%
Energy Advisor10,200 MOP-22%
Energy Analyst10,100 MOP-23%
Energy Auditor9,140 MOP-30%
Energy Dispatch Director11,600 MOP-11%
Energy Technical Assistant4,180 MOP-68%
Energy Technical Manager8,510 MOP-35%
Energy Technical Trainer6,060 MOP-54%
Exploration Manager12,100 MOP-8%
Field Safety Auditor7,680 MOP-41%
Fluids Engineer6,900 MOP-47%
Fuel Cell Engineer7,170 MOP-45%
Fuel Cell Technician3,510 MOP-73%
Fuels Handler3,300 MOP-75%
Gas Compressor Operator2,920 MOP-78%
Gas Distribution Plant Operator5,560 MOP-58%
Gas Supply Manager11,000 MOP-16%
Geologist12,100 MOP-8%
Geophysicist12,800 MOP-2%
Geothermal Production Manager11,800 MOP-10%
Geothermal Technician4,970 MOP-62%
HSE Engineer7,120 MOP-46%
HSE Officer4,440 MOP-66%
HSEQ Administrator4,820 MOP-63%
Inspector6,290 MOP-52%
Instructor5,720 MOP-56%
Instrument Designer5,720 MOP-56%
Lead Technical Field Advisor8,750 MOP-33%
Logistics and Tool Coordinator6,230 MOP-52%
Maintenance Engineer7,220 MOP-45%
Maintenance Superintendent6,540 MOP-50%
Material Controller4,820 MOP-63%
Mine Engineer6,700 MOP-49%
Mine Surveyor7,840 MOP-40%
Mining Project Administrator6,310 MOP-52%
Mining Project Assistant4,920 MOP-62%
Mining Project Controls Consultant7,980 MOP-39%
Mining Project Coordinator6,070 MOP-54%
Mining Project Engineer6,670 MOP-49%
Mining Project Manager8,640 MOP-34%
Mining Site Manager8,880 MOP-32%
Mining Team Leader7,670 MOP-41%
NDT Technician4,080 MOP-69%
Oil Service Unit Operator3,580 MOP-73%
Oil Trader8,780 MOP-33%
Oilwell Pumper2,670 MOP-80%
Petroleum Engineer 7,750 MOP-41%
Petroleum Geologist13,100 MOP-0%
Petroleum Pump System Operator4,000 MOP-69%
Pipeline Technician2,600 MOP-80%
Power Coordinator4,280 MOP-67%
Power Plant Operations Manager13,600 MOP+4%
Power Plant Operator5,820 MOP-56%
Radio Operator3,010 MOP-77%
Reliability Engineer7,120 MOP-46%
Reservoir Engineer6,560 MOP-50%
Risk Analyst8,660 MOP-34%
Roughneck7,250 MOP-45%
Scaffolder4,520 MOP-66%
Shutdown Engineer6,000 MOP-54%
Solar Energy Installation Manager9,740 MOP-26%
Solar Energy Systems Engineer7,040 MOP-46%
Solar Photovoltaic Installer4,570 MOP-65%
Solar Thermal Technician4,450 MOP-66%
Supply Operations Manager11,700 MOP-11%
Sustainability Specialist11,100 MOP-15%
System Development Advisor7,890 MOP-40%
Tanker Truck Driver2,630 MOP-80%
Utility Operator3,590 MOP-73%
Wind Energy Project Manager9,490 MOP-28%

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Macao earn 25% more than their private sector counterparts on average across all sectors.

Private Sector
6,640 MOP
Public Sector+25%
8,280 MOP
Percentage increase and decrease are relative to the previous value

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